Global Commercial Refrigeration and Freezing Equipment Market Growth 2025-2031

The global Commercial Refrigeration and Freezing Equipment market size is predicted to grow from US$ 22110 million in 2025 to US$ 26520 million in 2031; it is expected to grow at a CAGR of 3.1% from 2025 to 2031.

Commercial Refrigeration and Freezing Equipment are appliances that provide cold storage space for food, beverages, lab samples, and other heat-sensitive items.

The Commercial Refrigeration and Freezing Equipment market plays a crucial role in industries such as food service, retail, pharmaceuticals, and healthcare, where maintaining the temperature of perishable goods is essential. These types of equipment include refrigerators, freezers, display units, and cold storage systems, which are used for storing, preserving, and displaying products at low temperatures. The market for commercial refrigeration and freezing equipment has been growing due to the increasing demand for food preservation, changing retail trends, and technological advancements in energy efficiency and sustainability. As global urbanization continues and foodservice industries expand, the demand for commercial refrigeration and freezing equipment has risen. Restaurants, supermarkets, grocery stores, and convenience stores are significant consumers of these products. Refrigerators, freezers, and cold storage systems are used to store fresh food, frozen products, beverages, and other perishable goods. The ongoing development of energy-efficient, smart, and IoT-enabled refrigeration systems is boosting market growth. New technologies like eco-friendly refrigerants (e.g., hydrofluoroolefins and natural refrigerants), automated temperature controls, and energy-saving systems are becoming more common in commercial refrigeration and freezing equipment. These innovations help businesses reduce energy consumption and operational costs. The global demand for frozen and ready-to-eat meals has significantly increased, especially in emerging markets and urbanized regions. As consumer lifestyles become busier, the need for convenient, long-shelf-life frozen foods is driving the demand for commercial refrigeration and freezing solutions. This trend is particularly significant in the foodservice and retail sectors. The pharmaceutical industry relies heavily on refrigerated storage for vaccines, medicines, and biological products. The healthcare sector requires specialized refrigeration and freezing solutions for storing sensitive medical products. This has created a steady demand for high-quality, reliable refrigeration systems, especially in hospitals, clinics, and pharmacies.

LP Information, Inc. (LPI) ' newest research report, the “Commercial Refrigeration and Freezing Equipment Industry Forecast” looks at past sales and reviews total world Commercial Refrigeration and Freezing Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Commercial Refrigeration and Freezing Equipment sales for 2025 through 2031. With Commercial Refrigeration and Freezing Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Refrigeration and Freezing Equipment industry.

This Insight Report provides a comprehensive analysis of the global Commercial Refrigeration and Freezing Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Commercial Refrigeration and Freezing Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Refrigeration and Freezing Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Refrigeration and Freezing Equipment and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Commercial Refrigeration and Freezing Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Refrigeration and Freezing Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Refrigerated Display
Frozen Display
Freezer

Segmentation by Application:
Restaurant
Entertainment Venues
Supermarket
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Carrier Commercial Refrigeration
Haier
Dover Corporation
Epta SpA
Panasonic
Zhejiang Xingxing
Fukushima Industries Corporation
Hoshizaki International
AHT Cooling Systems GmbH
Ali Group
Aucma
Qingdao Hiron
Liebherr
Ugur Cooling
Metalfrio Solutions
Frigoglass
Illinois Tool Works Inc
YINDU KITCHEN EQUIPMENT
Arneg
True Manufacturing
Auspicou

Key Questions Addressed in this Report

What is the 10-year outlook for the global Commercial Refrigeration and Freezing Equipment market?

What factors are driving Commercial Refrigeration and Freezing Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Commercial Refrigeration and Freezing Equipment market opportunities vary by end market size?

How does Commercial Refrigeration and Freezing Equipment break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.